Refer to the following lease amortization schedule. the 10 payments are made annually starting with the beginning of the lease. title does not transfer to the lessee and there is no purchase option or guaranteed residual value. the asset has an expected economic life of 12 years. the lease is noncancelable. payment cashpayment effectiveinterest decreasein balance balance63,2821 10,000 10,000 53,2822 10,000 6,394 3,606 49,6763 10,000 5,961 4,039 45,6384 10,000 5,477 4,523 41,1145 10,000 4,934 5,066 36,0486 10,000 4,326 5,674 30,3737 10,000 3,645 6,355 24,0188 10,000 2,882 7,118 16,9019 10,000 ? ? ? 10 10,000 ? ? ? a) what is the effective annual interest rate? 12%.9%.11%.10%.b)what would the lessee record as annual amortization on the right-of-use asset using the straight-line method? $5,328.$6,328.$6,392.$10,000.c) what is the outstanding balance after payment 9? $5,000.$5,537.$8,929.$13,463.

1. revising for conciseness - eliminating flabby expressions, limiting long lead-ins, and dropping unnecessary fillerstime is money in any business environment. people want information communicated quickly and clearly. to make your writing more concise and understandable, avoid flabby expressions, long lead-ins, and unnecessary fillers. your audience will appreciate your brevity.1. if your writing contains a flabby expression like in view of the fact that, replace it with the word because / although / probably .for each of the following two sentences, choose the best revision.2. i am sending you this letter to inform you that we have experienced an unexpected surprise within our expense sheet, but we are positively certain we will solve it.1) we need to inform you that we have experienced an unexpected surprise with our expense sheet, but we are midway to an end result.2) we have identified a problem with our expense sheet, but we will solve it.3) i am sending you this letter to inform you that we have a problem with our expense sheet, but we are positively certain we have a solution.3. it is the user who should contact the center.1) everyone knows that it is the user who should contact the center.2) the user should contact the center.3) if there is a problem, the user should contact the center. read the following passage, and then answer the question.[1] you scheduled seven conference calls for this morning between 10 and 11 a. m. [2] generally, the company limits the number of conference calls to three per hour. [3] i’m letting you know that in the future, we should be more careful about scheduling.4. which revision limits the long lead-in in sentence 3? 1) in the future, we should be more careful about scheduling.2) i’m letting you know so that in the future we are more careful about scheduling calls.3) so that you know in the future, we should be more careful about scheduling.